Global crypto market data provider, CryptoCompare, responding to the request of customers to have more complex and scalable crypto data solutions, has announced the launch of a new API market data service.

CryptoCompare gives high quality, real time pricing data and reliable market on over 260,000 currency pairs and over 5,600 coins globally, which has bridged the gap between traditional financial markets and the crypto asset.

Also, CryptoCompare has a great performance investing in data accuracy and data methodology which is well seen in the Monthly Exchange Reviews as well as the recent classification of Crypto Assets. With these initiatives, the crypto market data will have rigour coupled with retail and institutional being provided with accurate, clean, and reliable data that supports the decisions of their investment.

The existing free API service allows organizations and individuals to retrieve pricing and crypto market data with high granularity, offering historical and real time data for all exchanges and coins with full coverage of the market. The robust infrastructure of CryptoCompare ensures scalable endpoints, delivering data at the lowest latency possible, to end users.

The new commercial API service will be made available in three different tiers, to meet crypto data needs of retail and institutional investors as well as developers, partners, and third parties. More flexibility like customizable call limits and API endpoint solutions, dedicated service level agreements and support, and ability to cache/save data locally.

The new commercial API service is now available on the website of CryptoCompare and its customers all over the world would have access to the service. CryptoCompare’s CEO, Charles Hayter said: “We continually invest in our technology and APIs to ensure our infrastructure remains robust and both the retail and institutional investor can access data as needed to execute trades on their investment portfolios. We adhere to rigorous standards to safeguard data integrity, normalising global data sources to ensure consistency and confidence in the market. We’re very excited to launch this extended API service to the crypto community, providing commercial licenses for third parties, partners and investors alike. We developed this new offering in response to demands from both individuals and institutions for more complex, often bespoke yet highly scalable cryptocurrency data solutions.”